High Court affirmed the order of the Tribunal except in respect of purchases from the two parties were concerned. However, the total additions should not exceed the total purchases from them. (AY. 2010-11)
PCIT v. Shree Ganesh Developers (2025) 476 ITR 568 /172 taxmann.com 542 (HC)
S. 69C : Unexplained expenditure-Real estate business-Order of Tribunal was affirmed-Order of Tribunal was reversed in so far as the purchases from the two parties were concerned-However, the total additions should not exceed the total purchases from them.[S. 68, 133(6), 260A]
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